Director Richard E. Allison Jr. Files Initial Statement of Beneficial Ownership for Kimberly-Clark

Overview

On November 4, 2026, Richard E. Allison Jr., a Director of Kimberly-Clark Corporation ($KMB), filed an initial Form 3 reporting beneficial ownership of company securities as of November 2, 2026.

Holdings Summary

• Direct Common Stock: 3,743 shares.
• Derivative Holdings (Restricted Share Units): 9,596 units payable on a 1-for-1 basis into common stock under the Kimberly-Clark Corporation Outside Directors' Compensation Plan.

Background & Context

According to footnotes in the filing:

1. The 3,743 shares of common stock were received in respect of Kenvue Inc. common stock held at the time of Kimberly-Clark's acquisition of Kenvue Inc.
2. The 9,596 restricted share units were received in exchange for Kenvue Inc. deferred share units. These units cannot be sold or transferred until Mr. Allison ceases to serve on the Kimberly-Clark Board of Directors.

Market Significance

This is an administrative Form 3 filing establishing baseline ownership upon appointment/closing of the transaction rather than an open-market purchase or sale. Consequently, this filing carries Low trading significance.